London School of Commerce Westminster International College MBA FOR EXECUTIVES MODULE ASSIGNMENT : HUMAN CAPITAL MANAGEMENT Student Name Student Registration No. Module Lecturer Module Tutor Mohd Nazlee bin Idris 0022NENE0113 (MBA) Dr. Lester C. Massingham Dr. Selvamalar Ayadurai Date Submitted Total Wordcount 16th February 2013 4499 Words (not including this coversheet and the reference list) SLIDE 1 - INTRODUCTION London School of Commerce(2013‚P.22) in a way mentioned that in order to
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MANAGING HUMAN CAPITAL Suraj Rathi (Executive MBA ID: L0012DOJA0312) A) Assignment-3: As a new employee in the HR Division of an International company‚ you are required to complete a project on Recruitment and Selection. You can state your own terms of reference and make proposals upon how to achieve them. INTRODUCTION 3 RECRUITMENT PROCESS 3 Registering the Vacancy 3 Hiring Manager Recruitment Portal 3 Internal Recruitment 4 External Recruitment 4 THE SELECTION
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Theory of Human Capital What’s Human Capital? Human capital refers to the stock of competences‚ knowledge and personality attributes combined altogether to perform labour so as to produce economic value. It is the attributes gained by a worker through education and experience. * Economists views on Human Capital The set of skills possessed by the worker of the company Development of skills is an important factor in production activities Human capital model reveals that investment in
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Long Human Capital affects our everyday life. It does not discriminate against anyone no matter what race or part of the world you are in. People blinded by human capital can have a mislead future. David Brook states: “But skills and knowledge-the stuff you can measure with tests-is only the most superficial component of human capital. U.S. education reforms have generally failed because they try to improve the skills of students without addressing the underlying components of human capital” (The
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Employer branding Branding is absolutely important because it represent company image and reputation to public and needless to say prospective hires. (Minchington‚ 2005) defines employer brand as “The image of your organization as a great place to work”. (Mckinsey‚ 2005) survey and analysis suggest that many organization focus solely on job details functionality when comes to brand themself in such a way as to promote company‟s products and services is not relevant and competitive anymore‚ at the
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Economist Theodore Schultz invented the term human capital in the 1960s to reflect the value of our human capacities. He believed human capital was like any other type of capital; He believed that investing on human capital would lead us to a higher production‚ (Investopedia) Investopedia defines human capital as a measure of the economic value of an employee ’s skill set. The concept of human capital recognizes that not all labor is equal and that the quality of employees can be improved by investing
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SUBJECT: Should Slumping Fertility Rates in Developing Countries Spark Labor Worries? A new study published in the Wall Street Journal shows that most of the developing countries are now facing low fertility rates‚ which was more familiar with developed countries before. Low fertility rates could raise labor worries such as shrinking young labor forces and increasing aging problems. However‚ this also can be seen as an opportunity. Since there is less children and more working force relatively
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Capital Expenditure Valuation Methods The payback period is the time it takes for a project or investments cash outflows to be recovered by cash inflows generated from the same project or investment. It is a very simple and commonly used capital budgeting technique. The formula used to compute the payback period is initial investment divided by cash inflow per period. You generally want to choose the investment that provides the shortest payback period‚ because you will get you cash back and it
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London School of Commerce MODULE TITLE: - Managing Human Capital PROGRAMME: MBA SEMESTER: Semester Two ACADEMIC YEAR PERIOD: November 2012- March 2013 LECTURER SETTING ASSESSMENT: - David Hall and Rajendra Kumar DATE ASSESSMENT SET AND LOADED ON TO STUDENT PORTAL:- December 2012 DATE ASSESSMENT TO BE COMPLETED AND SUBMITTTED 19th February 2013 ---------------------------------------------------------------------------------------------------------------- Assessment Type:
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In what ways does Trader Joe’s demonstrate the importance of each responsibility in the management process? Trader Joe’s strives to differentiate it’s self from the competitors. In the planning process the organization wants to keep its operating costs low by keeping its locations small and intimate‚ as of now they have only 365 locations in thirty states. Provide the customer with one of kind foods from all over the world to meet the wide variety of diets with below prices and no need for membership
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